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Updated: 20 min 48 sec ago

Broadcom's revenue forecast disappoints on possible Apple iPhone delay

1 hour 17 min ago
Broadcom Inc on Thursday forecast current-quarter revenue with a midpoint slightly below analysts' estimates, in part caused by a delay at a "large North American mobile phone" customer that analysts believe is Apple Inc .

Facebook moves to limit spread of 'Boogaloo' groups after charges

1 hour 31 min ago
Facebook Inc is making it harder to find user groups associated with the term "Boogaloo," which refers to a potential U.S. civil war or the collapse of civilization, the company said on Thursday.

Slack revenue growth fails to impress, shares tank

2 hours 48 min ago
Slack Technologies Inc on Thursday posted slowing quarterly sales growth, disappointing investors who had expected a surge in demand for its workplace messaging app as companies rapidly adopt remote working tools and technology.

Uber Eats features black-owned restaurants on U.S., Canadian delivery platform

3 hours 14 min ago
Uber Technologies Inc on Thursday launched a feature on its food delivery app Uber Eats that allows customers in the United States and Canada to order from restaurants owned by black people.

Abu Dhabi's Mubadala to invest $1.2 billion in Reliance's Jio Platforms

3 hours 19 min ago
Indian oil-to-telecoms conglomerate Reliance Industries Ltd said on Friday that Abu Dhabi state fund Mubadala Investment Co will buy a 1.85% stake in its digital unit, Jio Platforms, for 90.93 billion rupees ($1.21 billion).

Slack revenue growth fails to impress; scraps billings outlook

3 hours 54 min ago
Slack Technologies Inc on Thursday withdrew its 2021 billing outlook and reported a 50% jump in quarterly sales that failed to surpass lofty investor expectations driven by a surge in demand for workplace messaging platforms as more companies shift to remote work.

Abu Dhabi's Mubadala to invest $1.2 billion in Indian digital company Jio Platforms

4 hours 31 min ago
Abu Dhabi's state fund Mubadala will invest AED4.4 billion ($1.2 billion) in the Indian digital company Jio Platforms, the Abu Dhabi media office announced in a statement on Twitter on Thursday.

Broadcom's revenue forecast disappoints on weakness in chip business

4 hours 41 min ago
Broadcom Inc on Thursday forecast current-quarter revenue, the midpoint of which was slightly below analysts' estimates as its chip business took a hit from supply chain disruptions caused by the novel coronavirus.

Slack withdraws billings forecast on COVID-19 uncertainty

4 hours 49 min ago
Slack Technologies Inc on Thursday withdrew its forecast for 2021 billings citing uncertainty driven by the COVID-19 pandemic, sending shares down 16% after market hours.

Zebra adds social distancing warnings to warehouse workers' mobile computers

5 hours 55 min ago
Zebra Technologies Corp, which sells barcode scanners and other computers used in warehouses globally, introduced a feature on Thursday that sounds an alert when workers breach physical distancing guidelines over the novel coronavirus.

Facebook places state media labels on Russian, Chinese outlets

6 hours 37 min ago
Facebook Inc will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer will block any ads from such outlets that target U.S. users, it said on Thursday.

Tesla's Elon Musk calls for breakup of Amazon in tweet

6 hours 58 min ago
Telsa Inc Chief Executive Elon Musk on Thursday called for Amazon.com Inc to be broken up.

'Stay at home stock' Slack Technologies dips ahead of report

7 hours 12 min ago
Shares of Slack Technologies dipped 3% on Thursday ahead of the workplace communication platform's quarterly report, pausing a three-month rally fueled by millions of people working from home due to the coronavirus.

Chinese and Iranian hackers targeted Biden and Trump campaigns, Google says

7 hours 36 min ago
State-backed hackers from China have targeted staffers working on the U.S. presidential campaign of Democrat Joe Biden, a senior Google security official said on Thursday. The same official said Iranian hackers had recently targeted email accounts belonging to Republican President Donald Trump's campaign staff.

Germany rebuffs gasoline auto lobby with radical electric plan

8 hours 30 min ago
Germany has become the second major European economy to use a multi-billion-euro recovery plan to spur clean driving, with incentives for electric cars that should boost Volkswagen and Tesla , while polluting SUVs face higher taxes.

Chinese and Iranian hackers targeted Biden and Trump campaigns: Google

8 hours 33 min ago
State-backed hackers from China and Iran have recently targeted the email accounts of staffers working on the U.S. presidential campaigns of Joe Biden and Donald Trump, respectively, a senior Google security official said Thursday.

Carlyle-backed ZoomInfo's shares soar 90% in U.S. market debut

8 hours 42 min ago
Shares of ZoomInfo Technologies Inc jumped 90% in their U.S. market debut on Thursday, after the business intelligence platform raised about $934.5 million in the largest U.S. technology listing so far this year.

Facebook places state media labels on Russian, Chinese broadcasters

Thu, 06/04/2020 - 23:37
Facebook Inc will start labeling Russian, Chinese and other state-controlled media organizations, and later this summer block any ads from such outlets that target U.S. users, it said on Thursday.

Tech stocks have been a winning bet, but investors worry it will fade

Thu, 06/04/2020 - 21:46
A bet on tech companies has been a solid one in the aftermath of the coronavirus-induced market crash, but some investors are questioning whether those stocks can maintain their momentum if jobs do not recover soon.

Self-driving cars could only prevent a third of U.S. crashes: study

Thu, 06/04/2020 - 21:07
Self-driving cars, long touted by developers as a way to eliminate road deaths, could likely only prevent a third of all U.S. road crashes, an analysis of traffic accidents released on Thursday has found.

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